Mumbai: The Reserve Bank of India (RBI) has launched a new mobile application called ‘RBIDATA’, designed to provide seamless access to data on key macroeconomic indicators such as GDP and inflation, and other important economic data. This initiative aims to assist researchers, students, and the general public in tracking key economic trends.
The app provides access to more than 11,000 economic data series, offering users a comprehensive view of India’s financial landscape. With user-friendly visuals, time-series charts, and direct download options, RBIDATA simplifies data analysis and enhances accessibility.
Salient Features of the RBIDATA App Include:Â
Extensive Data Repository: More than 11,000 economic data series covering macroeconomic indicators, including inflation rates and GDP figures.
Time-Series Charts: Users can visualize data through interactive graphs and charts over different time periods.
Direct Download Option: Data can be downloaded directly for further analysis and research.
Data Interpretation Tools: Detailed information on data sources, units of measurement, frequency, and recent updates, with additional notes to assist interpretation.
Popular Reports Section: Frequently viewed economic reports are showcased to help users find key information quickly.
Search Function: A robust search feature enables users to locate specific data directly from the home screen without navigating through multiple sections.
Banking Outlet Locator: A unique feature that allows users to find banking facilities within a 20-kilometer radius of their location.
SAARC Finance Link: Offers easy access to financial and economic data related to SAARC member countries.
The app integrates with the Database on Indian Economy (DBIE) portal at https://data.rbi.org.in, ensuring real-time updates and accuracy.
Through this initiative, the RBI aims to make economic data more accessible and engaging, simplifying the way financial statistics are analyzed.
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